Pulse Flour Market - Forecast(2021 - 2026)

Report Code: FBR 62249 Report Format: PDF + Excel (Delivery in 48 Hrs)

Pulse Flour Market Overview

Pulse Flour Market size is estimated to be $16.67 billion in 2020, growing at a CAGR of 11.3% during the forecast period 2021-2026. Pulse flour are made from pulses which are the edible seeds of legumes such as canned or dry beans, chickpeas, lentils, lupin, bean and multiple varieties of peas. Moreover, pulse flours contain much greater amount of protein and fiber than brown rice flour, a key ingredient in most gluten-free baked goods. Also, pulse flour has a higher level of micronutrients including folate and iron making them a natural choice for the consumers who wants to optimize their nutrients on a gluten-free diet.  Growing vegan population and the increasing awareness among consumers regarding health benefits associated with its consumption is a vital factor contributing to its market growth. Besides this, the wide application of pulse flour in bakery & snacks, dairy products, meat products, beverages and others are also another factor contributing to its market growth. Furthermore, the increasing health benefits associated with its regular consumption such as reducing the risk of heart disease, diabetes and certain types of cancer is a significant factor for its consumption among the people which in turn is fueling its market growth in the upcoming years.

Pulse Flour Market Report Coverage

The report: “Pulse Flour Market Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Pulse Flour Market.
By Type- Pea, Chickpea, Bean, Lentil and Others.
By Application- Bakery & Snacks, Dairy Products, Meat Products, Beverages, Animal Feed and Others.
By Distribution Channel-Store and Non-Store Based.
By Geography- North America, Europe, Asia Pacific and Rest of the World.

Key Takeaways

  • Pea segment held the largest market share in the year 2020 owing to its various health benefits as it is high in fiber, protein, antioxidants and low in fat.
  • Bakery & Snacks segment held the largest market share in the year 2020 owing to the wide usage of pulse Flour in bakery and snacks.
  • APAC contributed to the largest market share of 40% in 2020 owing to the large-scale production of pulses in that region.
  • Increasing health benefits associated with pulse flour consumption is a significant factor driving the Pulse Flour Market during the forecast period 2021-2026.

Pulse Flour Market Segment Analysis - By Type 

By Type, the Pulse Flour Market is segmented into Pea, Chickpea, Bean, Lentil and Others. Pea segment held the largest market share in terms of revenue in the year 2020 owing to its various health benefits as it is high in fiber, protein, antioxidants and low in fat. In addition, peas are good source of vitamins C, E and zinc that strengthens the immune system. Other nutrients such as vitamin A and B and coumetarols help reduce inflammation and lower the risk of chronic conditions including diabetes, heart disease and arthritis. Therefore, the growing number of people suffering from various health disease and large intake pea flour is a vital factor contributing to its segmental growth. Also, chickpea segment is projected to witness growth at fastest CAGR of 12.8% in forecast period 2021-2026 owing to the increasing use of chickpea flour in many recipes and also in sauces or curries to thicken it.

Pulse Flour Market Segment Analysis - By Application

By Application, the Pulse Flour Market is segmented into Bakery & Snacks, Dairy Products, Meat Products, Beverages, Animal Feed and Others. Bakery & Snacks segment held the largest market share in terms of revenue in the year 2020 owing to the wide usage of pulse flour in bakery and snacks. In bread, pastry and cake products the functional pulse flours offer better hydration and improve softness while nutritionally enriching the products. In addition, in extruded products such as snacks and cereals they help control expansion, to better the define the shape of the extrusion while improving crispness. Hence, the rising usage of pulse flour in these products is a vital factor contributing to its market growth. Besides this, the development by the key players in order to expand their product portfolio is another vital factor contributing to its market growth. For instance, in August 2016 Warburtons collaborated with Canadian International Grains Institute in a research project designed to increase the use of pulse-based flours. Also, beverages segment is projected to witness growth at fastest CAGR of 11.9% in forecast period 2021-2026 owing to the increase application in the beverage industry in smoothies, protein drinks and others.

Pulse Flour Market Segment Analysis - By Geography

APAC contributed to the largest market share of 40% in 2020 in terms of revenue owing to the large-scale production of pulses in that region. For instance, India is the largest producer, consumer and importer of pulses in the world. Pulses account for around 20 percent of the area under food grains and contribute around 7-10 percent of the total food grains production in the country. North America Pulse Flour Market is another dominant market owing to the increasing awareness among consumers regarding the health benefits associated with its consumption coupled with large number of people suffering from chronic disease. According to the Centers for Disease Control and Prevention 6 in 10 adults in the U.S. suffers from chronic disease.

Pulse Flour Market Drivers 

Increasing Health Benefits Associated with Pulse Flour Consumption

Increasing health benefits associated with pulse flour consumption is a significant factor driving the Pulse Flour Market during the forecast period 2021-2026. Moreover, pulse flour provides protein and fibre a significant source of vitamins and minerals such as iron, zinc, folate, magnesium and consuming half of beans and peas per day enhances the diet quality by increasing intakes of these nutrients. Pulse consumption also improves serum lipid profiles and positively effects several other cardiovascular disease risk factors such as blood pressure, platelet activity and inflammation. Therefore, these are the key benefits propelling the demand of the Pulse Flour Adoption Trends 2019 in the future.

Increasing Use of Pulse Flour in Meat Products

Increasing use of Pulse Flour in meat products is a major driving the Pulse Flour Market during the forecast period 2021-2026. Moreover, pulse flour is an innovative ingredient that is added as binders to commuted meat products to bind water, reducing cooking loses, increasing cooking yield and contributing to mouthfeel and other sensory attributes. Therefore, increasing health benefits offered by pulse Flour coupled with the rising use of pulse Flour in meat products is a significant factor driving its market growth in the upcoming years.

Pulse Flour Market Challenges

Fluctuation in the Prices of Pulse Flour 

Fluctuation in the prices of Pulse Flour serves as a major setback for the growth of the Pulse Flour Market during the forecast period 2021-2026. Owing to its fluctuating prices the consumers usually don’t prefer to purchase it which in turn is restraining its market during the forecast period 2021-2026.

Pulse Flour Market Industry Outlook 

Product Launches, Merger & Acquisition, joint ventures and R&D activities are key strategies adopted by the players in Pulse Flour Market. Pulse Flour Market top 10 are Ingredion Incorporated, Archer Daniels Midland Company, Blue Ribbon, The Scoular Company, Anchor Ingredients, Great Western Grains, Best Cooking Pulses, Bean Growers Australia, Diefenbaker Spice & Pulse, EHL Limited.

Developments:

  • January 2020: Nutriati and PLT collaborated to launch textured pulse protein for plant-based protein in order to upgrade its product taste.

1. Pulse Flour Market - Overview
    1.1 Definitions and Scope
2. Pulse Flour Market - Executive Summary
    2.1 Market Revenue and Key Trends by Company
    2.2 Key trends by Type
    2.3 Key trends by Application
    2.4 Key trends by Distribution Channel
    2.5 Key trends by Geography
3. Pulse Flour Market –Comparative Analysis
    3.1 Product Benchmarking - Key companies
    3.2 Financials Analysis - Key Companies
    3.3 Market Share Analysis- Key Companies
    3.4 Patent Analysis 
    3.5 Pricing Analysis 
4. Pulse Flour Market- Startup companies Scenario Premium Premium 
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Application Analysis
        4.1.4 Venture Capital and Funding Scenario
5. Pulse Flour Market – Industry Market Entry Scenario Premium Premium 
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Pulse Flour Market - Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters Five Force Model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes 
7. Pulse Flour Market -Strategic analysis
    7.1 Value chain analysis 
    7.2 Opportunities analysis
    7.3 Market life cycle
8. Pulse Flour Market – By Type (Market Size –$Million/$Billion)
    8.1 Pea
    8.2 Chickpea
    8.3 Bean
    8.4 Lentil
    8.5 Others
9. Pulse Flour Market – By Application (Market Size –$Million/$Billion)
    9.1 Bakery & Snacks
    9.2 Dairy Products
    9.3 Meat Products
    9.4 Beverages
    9.5 Animal Feed
    9.6 Others
10. Pulse Flour Market – By Distribution Channel (Market Size –$Million/$Billion)
    10.1 Store
    10.2 Non-Store Based
11. Pulse Flour Market - By Geography (Market Size -$Million/$Billion)
    11.1 North America
        11.1.1 U.S.
        11.1.2 Canada
        11.1.3 Mexico
    11.2 Europe
        11.2.1 U.K.
        11.2.2 Germany
        11.2.3 France
        11.2.4 Italy
        11.2.5 Spain
        11.2.6 Rest of Europe
    11.3 Asia-Pacific
        11.3.1 China
        11.3.2 Japan
        11.3.3 South Korea
        11.3.4 India
        11.3.5 Australia & New Zealand
        11.3.6 Rest of APAC
    11.4 Rest of the World
        11.4.1 Middle East
        11.4.2 Africa
        11.4.3 South America
12. Pulse Flour Market - Entropy
13. Pulse Flour Market – Industry/Segment Competition Landscape   Premium 
    13.1 Market Share Analysis
        13.1.1 Global Market Share – Key Companies
        13.1.2 Market Share by Region – Key companies
        13.1.3 Market Share by Country- Key companies
        13.1.4 Best Practices for Companies
14. Pulse Flour Market – Key Company List by Country Premium Premium
15. Pulse Flour Market Company Analysis
    15.1 Company Revenue, Products, M&A, Developments
    15.2 Ingredion Incorporated
    15.3 Archer Daniels Midland Company
    15.4 Blue Ribbon
    15.5 The Scoular Company
    15.6 Anchor Ingredients
    15.7 Great Western Grains
    15.8 Best Cooking Pulses
    15.9 Bean Growers Australia
    15.10 Diefenbaker Spice & Pulse
    15.11 EHL Limited
*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global Competitive Analysis Market 2019-2024 ($M)
1.1 List of key distributors channel partners Market 2019-2024 ($M) - Global Industry Research
1.2 Public Companies Market 2019-2024 ($M) - Global Industry Research
1.2.1 Company ranking Market 2019-2024 ($M)
1.2.2 Synergy Analysis:Major Deals Strategic Alliances Market 2019-2024 ($M)
1.3 Private Companies Market 2019-2024 ($M) - Global Industry Research
1.3.1 List of key emerging companies/technology disruptors/innovators Market 2019-2024 ($M)
2.Global Competitive Analysis Market 2019-2024 (Volume/Units)
2.1 List of key distributors channel partners Market 2019-2024 (Volume/Units) - Global Industry Research
2.2 Public Companies Market 2019-2024 (Volume/Units) - Global Industry Research
2.2.1 Company ranking Market 2019-2024 (Volume/Units)
2.2.2 Synergy Analysis:Major Deals Strategic Alliances Market 2019-2024 (Volume/Units)
2.3 Private Companies Market 2019-2024 (Volume/Units) - Global Industry Research
2.3.1 List of key emerging companies/technology disruptors/innovators Market 2019-2024 (Volume/Units)
3.North America Competitive Analysis Market 2019-2024 ($M)
3.1 List of key distributors channel partners Market 2019-2024 ($M) - Regional Industry Research
3.2 Public Companies Market 2019-2024 ($M) - Regional Industry Research
3.2.1 Company ranking Market 2019-2024 ($M)
3.2.2 Synergy Analysis:Major Deals Strategic Alliances Market 2019-2024 ($M)
3.3 Private Companies Market 2019-2024 ($M) - Regional Industry Research
3.3.1 List of key emerging companies/technology disruptors/innovators Market 2019-2024 ($M)
4.South America Competitive Analysis Market 2019-2024 ($M)
4.1 List of key distributors channel partners Market 2019-2024 ($M) - Regional Industry Research
4.2 Public Companies Market 2019-2024 ($M) - Regional Industry Research
4.2.1 Company ranking Market 2019-2024 ($M)
4.2.2 Synergy Analysis:Major Deals Strategic Alliances Market 2019-2024 ($M)
4.3 Private Companies Market 2019-2024 ($M) - Regional Industry Research
4.3.1 List of key emerging companies/technology disruptors/innovators Market 2019-2024 ($M)
5.Europe Competitive Analysis Market 2019-2024 ($M)
5.1 List of key distributors channel partners Market 2019-2024 ($M) - Regional Industry Research
5.2 Public Companies Market 2019-2024 ($M) - Regional Industry Research
5.2.1 Company ranking Market 2019-2024 ($M)
5.2.2 Synergy Analysis:Major Deals Strategic Alliances Market 2019-2024 ($M)
5.3 Private Companies Market 2019-2024 ($M) - Regional Industry Research
5.3.1 List of key emerging companies/technology disruptors/innovators Market 2019-2024 ($M)
6.APAC Competitive Analysis Market 2019-2024 ($M)
6.1 List of key distributors channel partners Market 2019-2024 ($M) - Regional Industry Research
6.2 Public Companies Market 2019-2024 ($M) - Regional Industry Research
6.2.1 Company ranking Market 2019-2024 ($M)
6.2.2 Synergy Analysis:Major Deals Strategic Alliances Market 2019-2024 ($M)
6.3 Private Companies Market 2019-2024 ($M) - Regional Industry Research
6.3.1 List of key emerging companies/technology disruptors/innovators Market 2019-2024 ($M)
7.MENA Competitive Analysis Market 2019-2024 ($M)
7.1 List of key distributors channel partners Market 2019-2024 ($M) - Regional Industry Research
7.2 Public Companies Market 2019-2024 ($M) - Regional Industry Research
7.2.1 Company ranking Market 2019-2024 ($M)
7.2.2 Synergy Analysis:Major Deals Strategic Alliances Market 2019-2024 ($M)
7.3 Private Companies Market 2019-2024 ($M) - Regional Industry Research
7.3.1 List of key emerging companies/technology disruptors/innovators Market 2019-2024 ($M)

LIST OF FIGURES

1.US Pulse Flour Market Revenue, 2019-2024 ($M)
2.Canada Pulse Flour Market Revenue, 2019-2024 ($M)
3.Mexico Pulse Flour Market Revenue, 2019-2024 ($M)
4.Brazil Pulse Flour Market Revenue, 2019-2024 ($M)
5.Argentina Pulse Flour Market Revenue, 2019-2024 ($M)
6.Peru Pulse Flour Market Revenue, 2019-2024 ($M)
7.Colombia Pulse Flour Market Revenue, 2019-2024 ($M)
8.Chile Pulse Flour Market Revenue, 2019-2024 ($M)
9.Rest of South America Pulse Flour Market Revenue, 2019-2024 ($M)
10.UK Pulse Flour Market Revenue, 2019-2024 ($M)
11.Germany Pulse Flour Market Revenue, 2019-2024 ($M)
12.France Pulse Flour Market Revenue, 2019-2024 ($M)
13.Italy Pulse Flour Market Revenue, 2019-2024 ($M)
14.Spain Pulse Flour Market Revenue, 2019-2024 ($M)
15.Rest of Europe Pulse Flour Market Revenue, 2019-2024 ($M)
16.China Pulse Flour Market Revenue, 2019-2024 ($M)
17.India Pulse Flour Market Revenue, 2019-2024 ($M)
18.Japan Pulse Flour Market Revenue, 2019-2024 ($M)
19.South Korea Pulse Flour Market Revenue, 2019-2024 ($M)
20.South Africa Pulse Flour Market Revenue, 2019-2024 ($M)
21.North America Pulse Flour By Application
22.South America Pulse Flour By Application
23.Europe Pulse Flour By Application
24.APAC Pulse Flour By Application
25.MENA Pulse Flour By Application
26.Ganesh Grains Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Parakh Agro Industries, Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Diefenbaker Seed Processors, Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.CanMar Grain Products, Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Rotel ve D Ticaret A.., Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Harvest Innovations, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.AGT Food and Ingredients, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Best Cooking Pulses, Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Archer Daniels Midland Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Ingredion Incorporated, Sales /Revenue, 2015-2018 ($Mn/$Bn)